Maximising your credit card Velocity Rewards points earning

9 August 2018

Aussies are obsessed with rewards. Whether it's the satisfaction from redeeming your points or receiving a discount off your flights, you should always know the best way to maximise your points earning.

According to Credit Card Finder’s January survey, 80% considered a rewards program linked to their credit card as an important feature. With so many reward programs and credit cards to choose from, it’s hard to determine which one will give you the largest offset for your spending. The Velocity Frequent Flyer program is just one of the many programs that you can enjoy redeeming your points for, but what's the *best way to maximise your reward points?

The Velocity Frequent Flyer Program

The Velocity program is the dedicated frequent flyer program of Virgin Australia. Members of the program can earn Points that can be redeemed for a range of products and services. When you join you'll enter at the lowest membership level, red. As you progress through the membership levels by earning status credits — the higher your membership levels the more Points you can earn and the better your program benefits.

Points are earned by spending money through Virgin or their program partners, while status credits can only be earned by flying with Virgin Australia or their airline partners. This is a truly travel-orientated program and you'll find real rewards through the program if you travel frequently.

As you accumulate Points you can choose to spend them in various ways. Use them to book Rewards seats on Virgin Australia and partner airline flights, or redeem rewards directly through the Velocity eStore. The eStore features a range of retail products including technology, fashion, food and drink, fitness, business items, and you also have the option to donate your Points to charity.

How to earn points using your branded credit card and Velocity Airlines

We’ve sifted through all the current credit cards that are linked to the Velocity Frequent Flyer program and sorted them according to low, medium and high points earning as a guide only. It’s important to always consider your personal situation and determine if the points earning corresponds with your needs.

Lower points earning Velocity credit cards

In this table we list the credit cards that allow you to earn a maximum of 1 Velocity Point per dollar spent, which is on the lower scale of points earning with Velocity credit cards.

High points earning Velocity credit cards

In the table below we’ve listed the credit cards that let you to earn up to 3 Velocity points per dollar spent on your eligible credit cards, however its important to note that it only applies to certain purchases.

How to earn bonus points using your Velocity credit card

Some credit cards have introductory offers attached to them offering you bonus points. However, these offers often always have terms and conditions attached to them, so always remember to read the fine print if an offer entices you.

How to transfer your rewards points to Velocity points

How many velocity reward points can I get with my current rewards program?

Credit card provider

1 Velocity Point

2 Velocity Points

American Express

Ascent Premium points

David Jones points

Membership points

Diners Club

.5 Diner Club

Citi

.5 Citi points (Citi Signature, Select and CitiBusiness)

Citi rewards (Silver, Gold, Classic, Platinum)

Westpac

Altitude points

Commonwealth

Commonwealth points

St.George

Amplify points

Suncorp

2 Suncorp points

Bank SA

Amplify points

BoM

Amplify points

ANZ

.25 ANZ points

These are just some factors you may want to talk into account when choosing what kind of credit card to use to earn points into the Velocity Frequent Flyer program. Velocity have a range of airline branded cards available and while there’s no clear winner as the decision depends on which card works with your circumstances.

Shirley Liu is a program manager at finder, formerly the publisher for Banking and Investments. She is passionate about helping people make an informed decision, save money and find the best deal for their needs.

Are you tired of limited rewards programs which don't offer much value? If so then switch over to the Velocity Rewards Credit Cards program. This program has a wide range of partners that allow you to redeem your points with such as Suncorp Bank, American Express, ANZ Rewards Visa and Citi. Provided are more details about these Velocity rewards credit cards.

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